COGECO Inc. (TSX:CGO) today announced the promotion of Richard Lachance to the position of President and Chief Executive Officer of Cogeco Diffusion Inc. Until recently, Mr. Lachance held the position of Senior Vice President of Cogeco Diffusion.

Richard Lachance holds a wealth of experience in the world of Communications and Media. After having worked in the television, radio and newspaper industries, he joined the team at Cogeco in 1999 as General Manager of the Rythme FM network and 93.9 in Quebec, before being promoted to Vice President, and, subsequently, Senior Vice President of Cogeco Diffusion.

"I am very pleased with Richard's appointment. Under his excellent leadership, Cogeco Diffusion has experienced solid growth, following its acquisitions of Corus Quebec and Métromédia Plus, and thanks to the development of our media properties, on the whole. I am persuaded that his deep knowledge of the industry combined with his vision and exceptional dynamism make him the ideal candidate to steer our media subsidiary toward new summits," stated Louis Audet, President and chief executive officer of Cogeco Inc.

Cogeco Diffusion Inc. ("CDI"), a subsidiary of Cogeco Inc. (TSX:CGO), owns and operates 13 radio stations across most of Québec, including Rythme FM, 98.5 in Montreal and 93.3 in Quebec. These stations offer a variety of programming with complementary radio formats serving a wide range of audiences, as well as COGECO News, its news agency. CDI also operates COGECO Métromédia, an advertising representation house specialized in the public transit sector that holds exclusive advertising rights in the Province of Québec where it also represents its business partners active across other Canadian markets.

ABOUT COGECO

COGECO (www.cogeco.ca) is a diversified communications corporation. Through its Cogeco Cable subsidiary, COGECO provides to its residential and business customers Analogue and Digital Television, High Speed Internet («HSI») and Telephony services. Cogeco Cable operates in Canada under the Cogeco Cable brand name in Quebec and Ontario, and in the United States through its subsidiary, Atlantic Broadband in Western Pennsylvania, Southern Florida, Maryland/Delaware and South Carolina. Through its subsidiaries, Cogeco Data Services and PEER1 Hosting, Cogeco Cable provides to its commercial customers, a suite of IT hosting, information and communications technology services (Data Centre, Co-location, Managed Hosting, Cloud Infrastructure and Connectivity) with 20 data centres, extensive fibre networks in Montreal and Toronto as well as points-of-presence in North America and Europe. Through its subsidiary, Cogeco Diffusion, COGECO owns and operates 13 radio stations across most of Quebec with complementary radio formats serving a wide range of audiences as well as Cogeco News, its news agency. Cogeco Diffusion also operates Métromedia, an advertising representation house specialized in the public transit sector that holds exclusive advertising rights in the Province of Quebec where it also represents its business partners who are active across other Canadian markets. COGECO's subordinate voting shares are listed on the Toronto Stock Exchange (TSX:CGO). The subordinate voting shares of Cogeco Cable are also listed on the Toronto Stock Exchange (TSX:CCA).